Stocks may be hurtling towards infinity and beyond, but the long-suffering holders of gold and silver are about to be rewarded for their patience and prescience.
Overnight, the dollar index breached the 90 level to the downside extending the trend which saw the dollar lose the most value in 14 years in 2017.
As the dollar falls, gold and silver can do nothing but appreciate in dollar terms, and with Treasury Secretary Steven Mnuchin speaking out in favor of a weaker dollar, the trend seems set to accelerate.
Meanwhile, the US Postal Service continues to cater to the Amazons of the world by hiking postage rates (particularly to retail and the lowest tier of commercial rates, Commercial Base) and punish small business.
Likewise, cell carrier Verizon continues to throttle the speeds of users of its "unlimited" bandwidth service in spite of regulations and court rulings which forbid the practice.
The corrupt news media continues to taunt the public with stories that President Trump is about to be grilled by special prosecutor Robert Mueller in the "Russiagate" probe, while all along the true traitors are still employed by the FBI and Department of Justice.
It seems that the tree of liberty is ready to be to be quenched again.
At the Close, Tuesday, January 23, 2018:
Dow: 26,210.81, -3.79 (-0.01%)
NASDAQ: 7,460.29, +52.2568 (+0.7054%)
S&P 500: 2,839.13, +6.16 (+0.22%)
NYSE Composite: 13,474.11, +3.74 (+0.03%)
Showing posts with label liberty. Show all posts
Showing posts with label liberty. Show all posts
Wednesday, January 24, 2018
Wednesday, March 22, 2017
America And The World Approaches The Brink Of Disaster
Let's get back to business here.
Whether or not anybody wishes to admit or observe it, America is in the midst of a crisis of almost unimaginable proportions.
We have a federal government teetering on complete disintegration over a variety of issues, including, but surely not limited to: the repeal/replacement of the Affordable Care Act (ACA, or ObamaCare); a runaway, subversive intelligence community; a Democrat party that is intent upon destroying the presidency of Donald Trump and thwarting him at every opportunity, with capable assistance from the fake media establishment in the guise of the New York Times, Washington Post, Politico, NBC, MSNBC, CBS, ABC and especially CNN (Criminally Neurotic Network); a Treasury nearly $20 trillion in debt and congress not even close to any agreement on any kind of fiscal budget or even discussion of such as the debt ceiling is being superceded.
There's more with which to deal, like crime, illegal aliens, Trump's temporary immigration ban, terrorism and such, but the issues before our broken congress are the main drivers taking the nation to the brink of disaster and quite possibly over the edge.
Not wishing to sound too pessimistic concerning the current state of affairs in the former land of the free, individual freedoms are at the core of what ails this country. If anything can be accomplished by our elected representatives, it would be first to repeal the Affordable Care Act, or, at the very least, permanently remove the individual mandate that requires every taxpayer to purchase health care or face increasingly punitive fines for failing to comply.
As it stands, the IRS is reportedly not enforcing the "law", conforming to President Trump's first Executive Order, issued on the day of his inauguration, in which he instructed all federal agencies "to exercise authority and discretion available to them to reduce potential burden..."
So, we have lawlessness being visibly encouraged, though it is directed against a law, the ACA, that carries within it, in the form of the individual mandate, a certain unconstitutionality, codified by a corrupted federal judiciary, i.e., the Supreme Court. Incidentally, that same Supreme Court is hopeless, deadlocked with eight justices, until, perhaps, the Senate decides to confirm the President's nominee, Neil Gorsuch, to take the positioned vacated by the late Antonin Scalia.
While Washington continues to devolve and approach the gates of hell, apparently driving chariots of fire, like gawkers and bookmakers, Wall Street insiders drives the market up, down, sideways and to its breaking point. The entire retail sector - with Sears leading the charge - is collapsing. Radio Shack recently re-entered bankruptcy, hopefully for the final time, and Payless Shoes is on the block. Malls across America are fast becoming nothing more than exercise walking routes for seniors rather than the shopping "experiences" for which they were designed.
We are changing, but we are not growing. The bulk of any profit is eaten alive by taxes, regulations, corporate executives, hackers and other thieves. In the end, there's little left for the common man.
And that's a crying shame, because the common man (and woman) is the person who built the country, who made it great, who is watching it self-destruct and who has nothing to do with the great default that is upon us.
The government is the problem, and seeking solutions from that very same government, be it federal, state, or local, is not a winning strategy. We will only get more of the same, and the same will only sink the nation further into the morass of stupidity, overspending, and normalcy bias with which we are currently plagued.
Our current malaise is not a democrat or republican issue. It is not liberal nor conservative. It is purely greed, avarice and corruption at every level that has besieged our once-great nation and if ever the United States of America is going to become - as the current resident of the White House proposes - great again, we must begin to call out the corrupt, the purposefully vague, the unequivocally deceitful, rapacious legislators and governors and bureaucrats that have lain waste to our nation, and all those who either back them, encourage them, enable them or act as apologists for them.
We are as close to systemic breakdown in our culture, our politic, and our economy than at any time since World War II, and that is a frightening prospect. More frightening, however, is the idea, the very concept, that ordinary people expect positive results from the very people who promulgated the predicament in the first place.
If Mr. Trump, the preeminent deal-maker of this generation, is unable to come to grips and compromise with the congress and the judiciary, it's likely that all that America has stood for will have been for naught, for we will bear witness to the destruction of the world's greatest constitutional republic in history.
But, if the wise and courageous among us will act, the destruction may yet be avoided. We face the fight of our lives over the next few years, and we cannot afford to fail.
It's not just economy at stake, but liberty and life.
Whether or not anybody wishes to admit or observe it, America is in the midst of a crisis of almost unimaginable proportions.
We have a federal government teetering on complete disintegration over a variety of issues, including, but surely not limited to: the repeal/replacement of the Affordable Care Act (ACA, or ObamaCare); a runaway, subversive intelligence community; a Democrat party that is intent upon destroying the presidency of Donald Trump and thwarting him at every opportunity, with capable assistance from the fake media establishment in the guise of the New York Times, Washington Post, Politico, NBC, MSNBC, CBS, ABC and especially CNN (Criminally Neurotic Network); a Treasury nearly $20 trillion in debt and congress not even close to any agreement on any kind of fiscal budget or even discussion of such as the debt ceiling is being superceded.
There's more with which to deal, like crime, illegal aliens, Trump's temporary immigration ban, terrorism and such, but the issues before our broken congress are the main drivers taking the nation to the brink of disaster and quite possibly over the edge.
Not wishing to sound too pessimistic concerning the current state of affairs in the former land of the free, individual freedoms are at the core of what ails this country. If anything can be accomplished by our elected representatives, it would be first to repeal the Affordable Care Act, or, at the very least, permanently remove the individual mandate that requires every taxpayer to purchase health care or face increasingly punitive fines for failing to comply.
As it stands, the IRS is reportedly not enforcing the "law", conforming to President Trump's first Executive Order, issued on the day of his inauguration, in which he instructed all federal agencies "to exercise authority and discretion available to them to reduce potential burden..."
The more corrupt the state, the more numerous the laws.-- Tacitus, The Annals of Imperial Rome
So, we have lawlessness being visibly encouraged, though it is directed against a law, the ACA, that carries within it, in the form of the individual mandate, a certain unconstitutionality, codified by a corrupted federal judiciary, i.e., the Supreme Court. Incidentally, that same Supreme Court is hopeless, deadlocked with eight justices, until, perhaps, the Senate decides to confirm the President's nominee, Neil Gorsuch, to take the positioned vacated by the late Antonin Scalia.
While Washington continues to devolve and approach the gates of hell, apparently driving chariots of fire, like gawkers and bookmakers, Wall Street insiders drives the market up, down, sideways and to its breaking point. The entire retail sector - with Sears leading the charge - is collapsing. Radio Shack recently re-entered bankruptcy, hopefully for the final time, and Payless Shoes is on the block. Malls across America are fast becoming nothing more than exercise walking routes for seniors rather than the shopping "experiences" for which they were designed.
We are changing, but we are not growing. The bulk of any profit is eaten alive by taxes, regulations, corporate executives, hackers and other thieves. In the end, there's little left for the common man.
And that's a crying shame, because the common man (and woman) is the person who built the country, who made it great, who is watching it self-destruct and who has nothing to do with the great default that is upon us.
The government is the problem, and seeking solutions from that very same government, be it federal, state, or local, is not a winning strategy. We will only get more of the same, and the same will only sink the nation further into the morass of stupidity, overspending, and normalcy bias with which we are currently plagued.
Our current malaise is not a democrat or republican issue. It is not liberal nor conservative. It is purely greed, avarice and corruption at every level that has besieged our once-great nation and if ever the United States of America is going to become - as the current resident of the White House proposes - great again, we must begin to call out the corrupt, the purposefully vague, the unequivocally deceitful, rapacious legislators and governors and bureaucrats that have lain waste to our nation, and all those who either back them, encourage them, enable them or act as apologists for them.
We are as close to systemic breakdown in our culture, our politic, and our economy than at any time since World War II, and that is a frightening prospect. More frightening, however, is the idea, the very concept, that ordinary people expect positive results from the very people who promulgated the predicament in the first place.
If Mr. Trump, the preeminent deal-maker of this generation, is unable to come to grips and compromise with the congress and the judiciary, it's likely that all that America has stood for will have been for naught, for we will bear witness to the destruction of the world's greatest constitutional republic in history.
But, if the wise and courageous among us will act, the destruction may yet be avoided. We face the fight of our lives over the next few years, and we cannot afford to fail.
It's not just economy at stake, but liberty and life.
Saturday, September 15, 2012
It's Not Just Stocks; Americans Are Rising Again
If one were to look just the US stock markets, the assumption would likely be that all is well and good with the US economy.
The major averages are at multi-year highs, with the Dow less than 600 points from its all-time high (Oct. 9, 2007: 14,164.53 close) and the S&P 500 a mere 100 points away from its all-time closing high set on October 9, 2007, at 1565.15.
A peek under the hood, so to speak, would reveal a different reality, with unemployment above eight percent for nearly four years running, massive stimulus programs by the government and the Federal Reserve boosting stock prices but sparking inflation and leaving middle class America and small business seething through high gas prices, slack demand, virtually no job creation, a shrinking work force and record numbers of Americans receiving government assistance through food stamps, welfare and a variety of other programs.
The impression that all is apparently just fine is touted by the media to a largely unsuspecting public, though that aspect of life in America is changing. More and more people distrust government at all levels, actually understanding that the Federal Reserve is willfully destroying the value of the US dollar, engaging in all manner of underground economics, from backyard gardens to unreported side job incomes, leaving the "system" to fend for itself without public support.
Government, especially at the federal level, continues to parade about their so-called "expertise," knowing what's "good for the American people" while doing little to nothing to remedy the conditions which plague middle-to-low income families. The rapidity by which independent thinkers are withdrawing the consent to be governed is startling when one examines Americans up close.
While the economists and analysts look at largely massaged, incorrect and inconclusive numbers on jobs, spending, inflation, productivity and income, they entirely miss the now massive, unreported, burgeoning economics taking place in small towns and large cites across the expanse of the continent. Certainly, there are minions still without knowledge or understanding of the extent of the financial crisis - now nearly four years old and running - still willing to rely on government help, but a growing number of people have come to the realization that government today exists only to self-perpetuate and serve the needs of a greedy, cumbersome system of enormous public corporations and government regulations designed to stifle competition, crush creativity and retard personal growth.
Such people are increasingly taking matters into their own hands, purposely defaulting on fraudulent mortgage loans, making do with less, and living more off the land than having to depend on the corporate food chain of genetically-modified foods, products stuffed with hormones, sugars and high fructose corn syrup that are unhealthy but still promoted by government officials.
These people are eating better, more nutritious, healthier foods, avoiding government regulations in quiet protest and operating in a largely cash economy that will continue to grow and flourish because it is too big, too diverse and too pervasive for regulators and prosecutors to effectively control.
From the government's perspective, such actions by individuals and families in the private sector are viewed as counter-productive to their aim of the perfect welfare state. In the minds of the actual practitioners of this "new economy" it is a necessity of survival. They are finding like-minded individuals in their friends and neighbors, spreading the word to others who seek to escape the all-seeing eyes and ears of a tyrannical elite, and prospering while the government stumbles, bumbles and eventually will self-destruct.
When the invisible secondary economy becomes so large that it mirrors the "official "GDP," as occurred during the oppressive days of prohibition, radical change will certainly follow, as it did then. The people shall rise, not all as one, but in various pockets of defiance, from urban strongholds to rural outliers. For many, especially those which have not seen the light, chaos will prevail. For those who have been silently proactive in the management of their livelihoods and self-sufficiency, it shall be a time of prosperity and freedom.
America has been and will be a country based upon principles of personal liberty and economic freedom. If the government is ill-equipped to support these values or even to go so far as to attempt to deprive citizens of their rights under the constitution and other prevailing, fair, tested laws, then the people will withdraw their consent and forge a new era irrespective of government policy and procedure.
The process of reformation and recovery from a top-down, repressive, centrally-planned society and economy to one from which the nation was formed: individual, self-sustaining, resourceful and fiercely independent, will take years, even decades to come to fruition, but come it will, come it must.
American people of good conscience and knowledge have had nearly enough from a government that refuses to protect and promote the interests of its citizens. While a day of reckoning may never be realized, small steps forward by individuals and like-minded groups are already well underway and will continue until the jackals, thieves and miscreants who call themselves our "leaders" are swept away by a tidal wave of public discontent.
America - at least its spirit - will forever live in the hearts and minds of true patriots who will always choose to fight rather than to take flight.
Those who wish to limit freedoms and curtail the liberties which made the nation the greatest in the history of mankind will find their tenure short-lived and their efforts fruitless.
This post was inspired by a true American.
Dow 13,593.37, +53.51 (0.40%)
NASDAQ 3,183.95. +28.12 (0.89%)
S&P 500 1,465.77, +5.78 (0.40%)
NYSE Composite 8,458.88, +51.85 (0.62%)
NASDAQ Volume 2,028,686,500
NYSE Volume 5,067,050,000
Combined NYSE & NASDAQ Advance - Decline: 3749-1817
Combined NYSE & NASDAQ New highs - New lows: 749-31 (absurd)
WTI crude oil: 99.00, +3.78
Gold: 1,772.70, +31.50
Silver: 34.66, -0.12
The major averages are at multi-year highs, with the Dow less than 600 points from its all-time high (Oct. 9, 2007: 14,164.53 close) and the S&P 500 a mere 100 points away from its all-time closing high set on October 9, 2007, at 1565.15.
A peek under the hood, so to speak, would reveal a different reality, with unemployment above eight percent for nearly four years running, massive stimulus programs by the government and the Federal Reserve boosting stock prices but sparking inflation and leaving middle class America and small business seething through high gas prices, slack demand, virtually no job creation, a shrinking work force and record numbers of Americans receiving government assistance through food stamps, welfare and a variety of other programs.
The impression that all is apparently just fine is touted by the media to a largely unsuspecting public, though that aspect of life in America is changing. More and more people distrust government at all levels, actually understanding that the Federal Reserve is willfully destroying the value of the US dollar, engaging in all manner of underground economics, from backyard gardens to unreported side job incomes, leaving the "system" to fend for itself without public support.
Government, especially at the federal level, continues to parade about their so-called "expertise," knowing what's "good for the American people" while doing little to nothing to remedy the conditions which plague middle-to-low income families. The rapidity by which independent thinkers are withdrawing the consent to be governed is startling when one examines Americans up close.
While the economists and analysts look at largely massaged, incorrect and inconclusive numbers on jobs, spending, inflation, productivity and income, they entirely miss the now massive, unreported, burgeoning economics taking place in small towns and large cites across the expanse of the continent. Certainly, there are minions still without knowledge or understanding of the extent of the financial crisis - now nearly four years old and running - still willing to rely on government help, but a growing number of people have come to the realization that government today exists only to self-perpetuate and serve the needs of a greedy, cumbersome system of enormous public corporations and government regulations designed to stifle competition, crush creativity and retard personal growth.
Such people are increasingly taking matters into their own hands, purposely defaulting on fraudulent mortgage loans, making do with less, and living more off the land than having to depend on the corporate food chain of genetically-modified foods, products stuffed with hormones, sugars and high fructose corn syrup that are unhealthy but still promoted by government officials.
These people are eating better, more nutritious, healthier foods, avoiding government regulations in quiet protest and operating in a largely cash economy that will continue to grow and flourish because it is too big, too diverse and too pervasive for regulators and prosecutors to effectively control.
From the government's perspective, such actions by individuals and families in the private sector are viewed as counter-productive to their aim of the perfect welfare state. In the minds of the actual practitioners of this "new economy" it is a necessity of survival. They are finding like-minded individuals in their friends and neighbors, spreading the word to others who seek to escape the all-seeing eyes and ears of a tyrannical elite, and prospering while the government stumbles, bumbles and eventually will self-destruct.
When the invisible secondary economy becomes so large that it mirrors the "official "GDP," as occurred during the oppressive days of prohibition, radical change will certainly follow, as it did then. The people shall rise, not all as one, but in various pockets of defiance, from urban strongholds to rural outliers. For many, especially those which have not seen the light, chaos will prevail. For those who have been silently proactive in the management of their livelihoods and self-sufficiency, it shall be a time of prosperity and freedom.
America has been and will be a country based upon principles of personal liberty and economic freedom. If the government is ill-equipped to support these values or even to go so far as to attempt to deprive citizens of their rights under the constitution and other prevailing, fair, tested laws, then the people will withdraw their consent and forge a new era irrespective of government policy and procedure.
The process of reformation and recovery from a top-down, repressive, centrally-planned society and economy to one from which the nation was formed: individual, self-sustaining, resourceful and fiercely independent, will take years, even decades to come to fruition, but come it will, come it must.
American people of good conscience and knowledge have had nearly enough from a government that refuses to protect and promote the interests of its citizens. While a day of reckoning may never be realized, small steps forward by individuals and like-minded groups are already well underway and will continue until the jackals, thieves and miscreants who call themselves our "leaders" are swept away by a tidal wave of public discontent.
America - at least its spirit - will forever live in the hearts and minds of true patriots who will always choose to fight rather than to take flight.
Those who wish to limit freedoms and curtail the liberties which made the nation the greatest in the history of mankind will find their tenure short-lived and their efforts fruitless.
This post was inspired by a true American.
Dow 13,593.37, +53.51 (0.40%)
NASDAQ 3,183.95. +28.12 (0.89%)
S&P 500 1,465.77, +5.78 (0.40%)
NYSE Composite 8,458.88, +51.85 (0.62%)
NASDAQ Volume 2,028,686,500
NYSE Volume 5,067,050,000
Combined NYSE & NASDAQ Advance - Decline: 3749-1817
Combined NYSE & NASDAQ New highs - New lows: 749-31 (absurd)
WTI crude oil: 99.00, +3.78
Gold: 1,772.70, +31.50
Silver: 34.66, -0.12
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